Uber is embroiled in controversy following a tweet by hedge fund manager Bill Ackman, who claimed the company was stealing tips from drivers. Ackman reported that after tipping a NYC yellow cab driver, the screen showed no tip was added. Uber clarified that tips are passed to drivers through their partner, Curb, after the trip finishes, and Community Notes confirmed that 100% of the tip is passed to drivers. Despite this, some drivers remain skeptical, leading to protests in London over an opaque payment system that makes it difficult to understand how driver pay is calculated.
I was glad to learn from @Uber that the drivers are receiving their tips. That said, the taxi drivers themselves believe that they are not receiving them because their dashboards show no tips from Uber riders. This software failure results in angry drivers and Uber customers… https://t.co/HssadqcqNy
$UBER my opinion doesn’t matter much but it’s my X 🤣 Bill Ackman could have handled this better. If even 20% of it were true he probably has a unlimited phone plan and could call Dara no? Or Email is free I hear.
Deliveroo drivers demonstrate outside firm's AGM and hold motorcade protest through central London over 'soul-destroying' working conditions https://t.co/jUHEh0qtng https://t.co/z5B2vow00G
you just know ackman wants to double down on uber tweet with some 200 slide expose
Uber drivers in London are protesting a new payment system that they say makes it impossible to understand the algorithms that decide how much they get paid. https://t.co/QD2a3ZXbJe
With Ackman everything is about Israel. So you have to see what the real story is behind the kayfabe posting. Why hit Dara now? If you do some research you'll see Uber pulled out of Israel last year. Israel is the only country where Uber pulled out primarily due to… https://t.co/Df9Q3NSvN0
Amid a fight led by @Teamsters25 to protect workers from abusive employers like Uber & Lyft, a new report finds that rideshare and platform delivery drivers in 5 major cities—including Boston—earn less than minimum wage after tips and expenses! More: https://t.co/VxHDC8qvnp #1u
I love that Bill Ackman, despite being a self made hedge fund billionaire, has this very naive view of the world. https://t.co/14aHW0WtE4
How Lies spread... Crying @BillAckman as usual and of course @elonmusk and people wonder why the first thing I tell investors that ask me how I invest and I tell them 'assume the market is rigged' https://t.co/9Gs3qrzdlA ht @michaelbatnick
In London, Uber drivers are protesting a new payment system that they say makes it impossible to understand the algorithms that decide how much they get paid, @MORGANMEAKER reports. Read the full story here: https://t.co/xzOTIW3S97 https://t.co/eFkLKnek2X
Uber surge pricing in effect all the time, say drivers; opaque pay https://t.co/JMqQ6NxZ3B by @benlovejoy
Bill Ackman hastily accusing a Fortune 500 company of systematic fraud based on one anecdotal experience with almost no due diligence is not something I expected to see. https://t.co/NCMs23DJ1Q
I don't know why everyone is surprised about the Ackman/Uber thing. Not like we all don't know tons of investors who have knee jerk reactions to every bit of info & overweight their own experience/pay no attention to the details.
Ackman right before tweeting an unverified and obviously untrue claim that a $150B public company is stealing from workers https://t.co/4m1becHbro
this is so fucking funny, billionaire Bill Ackman got hustled by an Uber driver for $5. someone get that Uber driver a private equity analyst job he could roll up more midwestern HVAC sole proprietorships than any spoiled rich kid with a business degree from Duke University https://t.co/WXu0UUuFnN
Drivers Are Rising Up Against Uber’s ‘Opaque’ Pay System https://t.co/1Grmj8oLGq
Yesterday a small group of people huddled over their phones at the foot of the giant glass skyscraper housing Uber’s London HQ. They were trying to solve the greatest mystery in the platform economy right now: How Uber’s algorithm calculates driver pay https://t.co/eeIjL6KAHy
In London, Uber drivers are protesting a new payment system that they say makes it impossible to understand the algorithms that decide how much they get paid. https://t.co/RwevyXnnGZ
Will be interesting to see how @BillAckman responds after @Uber said they share 100% of the tips with drivers. Bill - might be worth 10 minutes of actual research before trying to use your social media following to negatively impact companies. https://t.co/gyyyj3bdvi
The Ackman Uber story (he thought Uber was stealing tips) and Trump "Reich" story (people thought he posted pro-Nazi stuff) are depressing examples of people's gullibility, especially if it feeds their biases. Does a story make sense? How much evidence do we have? Be skeptical! https://t.co/Ix0hmZxt3d
🇺🇸BILL ACKERMAN'S UBER TIP TIFF Ackerman: "When the ride finished I added a $5.00 tip. His screen showed that I paid no tip." Community Notes: "Tips are passed on to the driver eventually by the partner Curb to riders." Uber: "We pass 100% of the tip to Curb (our taxi… https://t.co/p5KcTMPJj9
Hedge fund mgr concludes 100bl public company stealing 50ml a day in tips and texts ceo asking to give it back and apologize? You’d think w an army of investment analysts you’d have them look into this for 5mn first.
this was already debunked by @Uber_Comms @BillAckman why would you go out of your way to make this tweet before even waiting for a clarification from @Uber or @dkhos ? thankfully, $UBER is not a publicly traded company... oh wait @elonmusk @CommunityNotes please address… https://t.co/eTAZSJrtnq https://t.co/pZULl0V5RY
The curse of integrating with a new system plus a high-profile bug reporter. Uber integrated with this software called Curb that NYC taxis use. Tips are added to the trip after the trip finishes. Curb doesn’t update this screen afterwards. The UX is bad: but no tips “stolen.” https://t.co/Nbx0cfrsi3
How much of Uber's recent profitability improvements came from theft? Theft in the form of taking drivers' tips. https://t.co/JkKtxXxudc @BillAckman @Uber https://t.co/m5KD0dsvjm
Uber committing robbery https://t.co/a5YVGqTYP7
imo, this is libelous. and if @BillAckman is short $UBER, this is securities fraud as well. of course, there is almost no securities law enforcement in our country, so Bill does have that working for him. https://t.co/FBoqvZHKvr https://t.co/pQOT9ZvZpa
I’m actually shocked by this post by one of the biggest hedge fund managers in the world. To take an anecdotal experience and apply it empirically is intellectually lazy and it might adversely affect shares of $UBER. Bill is wrong about the tips and he must be drunk to post… https://t.co/DxfSPFKbAb
I'm a big fan of Bill. His ultimate flex move is texting CEOs to do the right thing. First, it was the CEOs of Visa and Mastercard. Now the CEO of Uber. NYC cab drivers will collectively make millions more because of this one post. It's amazing. $V $MA $UBER https://t.co/OgV0KfvJzl
I often tip my Uber drivers generously. If this is true, the company is stealing from the Uber drivers and from the passengers. Needs to be investigated. https://t.co/bPSP4mI8re
I’d put the odds of Uber actually stealing tips somewhere around ~0% and this being due to some sort of settlement delay However, all you need is one dumb politician to see this and ride sharing labor rhetoric might start dinging the multiple https://t.co/CoFifR8w5t
I took an @Uber today and for the first time was offered a NYC yellow cab. I thought good for Uber supporting the cabbies. I asked the driver about his experience with Uber and he surprised me by saying it was bad. He explained that even when the passenger agreed to pay a tip… https://t.co/jbBoWbYJvh
Glovo faces large protest in Lagos after riders say the delivery app refused to cover their medical bills as promised https://t.co/1Yl7y1DScq